OREANDA-NEWS. September 27, 2010. The surplus on the current account balance (CAB) of the country’s Balance of Payments for Q2 2010 grew six times compared to Q1, reported the press-centre of Bank of Lithuania.

In Q2 it made up LTL 1.2 billion accounting for 4.8% of the gross domestic product (GDP). The negative balance of the second quarter financial account (LTL -1.8 billion) is related to an increased propensity of Lithuania to save in the context of declining foreign investments.

The revised data was released today by the Statistics Department of the Bank of Lithuania.

Please note that the statistical data for external sector in Q1-Q4 2008-2009 and Q1 2010 have been revised.

More detailed data are available on the Bank of Lithuania’s website:
http://www.lb.lt/statistics/statbrowser.aspx?group=7232&lang=en&orient=vert